Super Group Limited (NYSE:SGHC) Declares Semi-annual Dividend of $0.04

Super Group Limited (NYSE:SGHC) announced a semi-annual dividend on Tuesday, February 25th, Wall Street Journal reports. Investors of record on Monday, March 10th will be given a dividend of 0.04 per share on Friday, March 28th. This represents a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, March 10th.

Super Group Stock Performance

Shares of Super Group stock traded up $0.29 during trading on Wednesday, hitting $7.83. 670,618 shares of the stock traded hands, compared to its average volume of 814,806. The stock has a market cap of $3.90 billion, a P/E ratio of 130.52 and a beta of 0.99. The company has a fifty day moving average price of $7.07 and a two-hundred day moving average price of $5.41. Super Group has a twelve month low of $2.90 and a twelve month high of $8.51.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on SGHC shares. Needham & Company LLC boosted their price objective on Super Group from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday. Benchmark reiterated a “buy” rating and issued a $10.00 price objective on shares of Super Group in a research report on Monday, January 27th. Canaccord Genuity Group increased their price objective on shares of Super Group from $10.00 to $11.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Oppenheimer upped their price objective on Super Group from $9.00 to $11.00 and gave the company an “outperform” rating in a research note on Wednesday, January 29th.

About Super Group

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.